Dividend12 May 2026, 08:41 pm
Sri Lotus Developers Approves FY26 Audited Results, ₹0.50 Dividend
AI Summary
Sri Lotus Developers and Realty Ltd's board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. They recommended a final dividend of ₹0.50 per equity share (50%) for FY 2025-26, subject to shareholder approval. Promoter and Promoter Group shareholders, holding 81.87% of shares, voluntarily waived their right to receive the dividend to support company expansion. The board meeting concluded at 6:15 P.M. (IST).
Key Highlights
- Audited financial results for the quarter and year ended March 31, 2026 approved.
- Final dividend of ₹0.50 per share (50%) recommended for FY 2025-26.
- Promoter group waived dividend rights on 81.87% of shares.
- Unmodified opinion declared on audited financial results.
- Meeting commenced at 05:00 P.M. (IST) and concluded at 06:15 P.M. (IST).
Price Impact
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